FIFTY-FIFTH LEGISLATURE
FIRST SPECIAL SESSION
March 31, 2021
HOUSE FLOOR AMENDMENT number ___2__ to HOUSE BILL 2, as amended
Amendment sponsored by Representative Joshua N. Hernandez
1. On page 1, line 23, after "COUNTIES", insert "; REQUIRING REPORTING".
2. On page 178, between lines 21 and 22, insert the following new section:
"SECTION 71. TEMPORARY PROVISION--STUDY--REPORT.--
A. The legislative finance committee shall study the fiscal and economic impacts of the Cannabis Regulation Act for fiscal years 2023 through 2027 and provide a report to the revenue stabilization and tax policy committee on or before December 1, 2027.
B. The report shall include:
(1) the impacts on budgets and staffing of the regulation and licensing department and the department of health;
(2) the impacts on general fund revenue and expenses;
(3) the impacts on potential funds created by the Cannabis Regulation Act;
(4) the impacts on the medical cannabis program;
(5) the impacts on local and state law enforcement; and
(6) the economic impact on the state, including:
(a) job creation;
(b) tourism; and
(c) other economic impacts.".
3. Renumber the succeeding sections accordingly.
_______________________________
Adopted ___________________ Not Adopted ________________________
(Chief Clerk) (Chief Clerk)
Date _________________